Institusion
Universitas Sumatera Utara
Author
Ervina, Lanni (STUDENT ID : 067011046)
(LECTURER ID : 0017016203)
(LECTURER ID : 0011055902)
Subject
Datestamp
2022-12-08 03:44:10
Abstract :
Of Indonesia?s effort to increase capacity and technology advances, it does
not need to discover/create its own technologies, but more it will be more efficient to
switch technology from other countries with advanced technologies through foreign
capital investment from those countries. Indonesia has not powerful strategy to
perform technology switching agreement by preparing specific regulation which
arrange national strategy of technology switching and operational regulation. The
regulations obliges foreign capital investment in Limited Company based on
Indonesia law. Constructing a limited company should completed with notary
certificate. In this term would analyze the mechanism of technology switching
agreement trough foreign capital investment, potential law effects from the
technology switching agreement and notary function in the technology switching
agreement through foreign capital investment.
?The research is analytic descriptive with normative judicial approaches. Data
in this research is secondary data which consist of primary law material, secondary
law material, and tertiary law material. Data collection performed by documentation
study and checklist such as investigation, study, analysis primary law materials,
secondary law material, and tertiary law material in qualitative inductive way.
?That generally mechanism of technology switching agreements trough license
agreement. Trough this licensed agreement the technology giver would give right to
the technology receiver, in certain period , with certain condition and has agreed each
other, exploitation and use technology form the technology source for specific aims.
Due to the licensed agreement basically is an agreement, then the general rules form
the agreement exist. Among them there is a rule which state that agreement can be
made verbally or written. To validate the agreement it should fulfill any rules which
arrange in section 1320 KUHP Civil law. The absence of this formal requirement
emerge its own consequence such as the agreement can be cancelled or cancellation
by law.
?The impact of the licensed agreement which established by parties create
rights and obligation of giver and receiver appropriate to contract freedom basis. The
function of notary in the foreign capital investment is as general officer which has
right to make the certificate of foreign capital investment establishment in order to
validity process of Limited Company as Law institution. Through its function Notary
and his authority give legal counseling for any parties to perform technology
switching agreement.
It is suggested that government should establish regulation in form on
Government Regulation which arrange the procedures of technology switching which
derive form foreign country so that there is legal certainty toward capital investor
candidate which will use foreign technology. It is suggested that in the application
form of Foreign Capital Investment mentions source of related technology, and that